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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: cc rogers who wrote (8563)7/2/1998 10:54:00 PM
From: Jim Lou  Read Replies (1) of 13565
 
Stock held pretty well today. Boy, there was such a burst of
pessimism at the warning! Atml is one of the few companies that
shine in programmable logic and they are moving into telecom area.
Flash section is being reduced. The company is accelerating this
transition while revenues continue to rise. The jobs cut were
mostly in the old sector. Management is doing a good job, IMO.
After Needham, AGE also set target to $20 within 12-18 months, which
is good news. I believe we've seen the bottom here. Any thoughts?
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